History, asked by shruti9049, 9 months ago

What is capitalism?​

Answers

Answered by susanjoyabraham
1

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets.

Answered by ItsTogepi
1

\huge\mathfrak\color{grey}capitalism

Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners or profit, rather than by the state.

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